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Correct. You’ve discovered one of the many disadvantages with cryptocurrencies relative to traditional finance.
by School-Cotton 4y ago
Correct. You’ve discovered one of the many disadvantages with cryptocurrencies relative to traditional finance.
- stickfigure 4y agoAlso the advantage! Sometimes central banks screw up the minting process and severely damage the currency (see: Argentina, Venezuela, Zimbabwe). Historically, currencies are a mixed bag and we should be glad there is more than one.
- Fnoord 4y agoRight, and you can add Russia to that list most likely, but I live in a relatively stable country.